Retail
May 24, 2022
Will China's zero-COVID policy endanger luxury expansion efforts? Not in the long-term: most brands should already have contingency strategies in place. Image credit: Dior
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","iv":"6f4519828035d8b16985485a6dbd86c7","s":"863329e0f2cf5579"}
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